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v3.25.2

Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2025
Accounting Policies [Abstract] |
Schedule of other income |
Schedule of other income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | (In thousands) |  |  | (In thousands) |
Origination and servicing fees from third party receivables |  | $ | 1,384 |  |  | $ | 1,694 |  |  | $ | 2,815 |  |  | $ | 3,838 |
Sales tax refunds |  |  | – |  |  |  | 260 |  |  |  | – |  |  |  | 549 |
Other |  |  | 18 |  |  |  | 59 |  |  |  | 28 |  |  |  | 82 |
Other income for the period |  | $ | 1,402 |  |  | $ | 2,013 |  |  | $ | 2,843 |  |  | $ | 4,469 |
Schedule of supplemental balance sheet information related to leases |
Schedule of supplemental balance sheet information related to leases |  |  |  |  |  |  |  |
|  | June 30, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
|  | (In thousands) |
Operating Leases |  |  |  |  |  |  |  |
Operating lease right-of-use assets |  | $ | 52,260 |  |  | $ | 51,093 |
Less: Accumulated amortization right-of-use assets |  |  | (34,017 | ) |  |  | (31,644 | )
Operating lease right-of-use assets, net |  | $ | 18,243 |  |  | $ | 19,449 |
Operating lease liabilities |  | $ | (20,231 | ) |  | $ | (21,471 | )
Finance Leases |  |  |  |  |  |  |  |
Property and equipment, at cost |  | $ | 4,039 |  |  | $ | 3,794 |
Less: Accumulated depreciation |  |  | (3,586 | ) |  |  | (3,488 | )
Property and equipment, net |  | $ | 453 |  |  | $ | 306 |
Finance lease liabilities |  | $ | (467 | ) |  | $ | (315 | )
Weighted Average Discount Rate |  |  |  |  |  |  |  |
Operating lease |  |  | 5.0% |  |  |  | 5.0% |
Finance lease |  |  | 6.4% |  |  |  | 6.5% |
Schedule of maturities of lease liabilities |
Schedule of maturities of lease liabilities |  |  |  |  |  |  |  |
(In thousands) |  | Operating |  |  | Finance |
Year Ending December 31, |  | Lease |  |  | Lease |
2025 (excluding the six months ended June 30, 2025) |  | $ | 2,558 |  |  | $ | 106 |
2026 |  |  | 5,084 |  |  |  | 207 |
2027 |  |  | 5,242 |  |  |  | 149 |
2028 |  |  | 5,408 |  |  |  | 30 |
2029 |  |  | 3,761 |  |  |  | 10 |
Thereafter |  |  | 985 |  |  |  | – |
Total undiscounted lease payments |  |  | 23,038 |  |  |  | 502 |
Less amounts representing interest |  |  | (2,807 | ) |  |  | (35 | )
Lease Liability |  | $ | 20,231 |  |  | $ | 467 |
Schedule of lease cost |
Schedule of lease cost |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | (In thousands) |  |  | (In thousands) |
Operating lease cost |  | $ | 1,310 |  |  | $ | 1,311 |  |  | $ | 2,621 |  |  | $ | 2,685 |
Finance lease cost |  |  | 55 |  |  |  | 34 |  |  |  | 110 |  |  |  | 48 |
Total lease cost |  | $ | 1,365 |  |  | $ | 1,345 |  |  | $ | 2,731 |  |  | $ | 2,733 |
Schedule of supplemental cash flow information related to leases |
Schedule of supplemental cash flow information related to leases |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Cash paid for amounts included in the measurement of lease liabilities: |  | (In thousands) |  |  | (In thousands) |
Operating cash flows from operating leases |  | $ | 1,310 |  |  | $ | 1,311 |  |  | $ | 2,621 |  |  | $ | 2,685 |
Operating cash flows from finance leases |  |  | 47 |  |  |  | 28 |  |  |  | 94 |  |  |  | 41 |
Financing cash flows from finance leases |  |  | 7 |  |  |  | 6 |  |  |  | 15 |  |  |  | 7 |
Schedule of stock option activity |
Schedule of stock option activity |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  | Weighted
|  | Number of |  |  | Weighted |  |  | Average
|  | Shares |  |  | Average |  |  | Remaining
|  | (in thousands) |  |  | Exercise Price |  |  | Contractual Term
Options outstanding at the beginning of period |  |  | 6,157 |  |  | $ | 5.37 |  |  | N/A
Granted |  |  | – |  |  |  | – |  |  | N/A
Exercised |  |  | (1,318 | ) |  |  | 3.50 |  |  | N/A
Forfeited |  |  | (7 | ) |  |  | – |  |  | N/A
Options outstanding at the end of period |  |  | 4,832 |  |  | $ | 5.89 |  |  | 2.68 years
Options exercisable at the end of period |  |  | 4,189 |  |  | $ | 5.57 |  |  | 2.56 years
Schedule of price distribution of stock options outstanding and exercisable |
Schedule of price distribution of stock options outstanding and exercisable |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Number of shares as of |  |  | Number of shares as of |
|  | June 30, 2025 |  |  | December 31, 2024 |
|  | Outstanding |  |  | Exercisable |  |  | Outstanding |  |  | Exercisable |
Range of exercise prices: |  | (in thousands) |  |  | (in thousands) |
$2.00 - $2.99 |  |  | 1,128 |  |  |  | 1,127 |  |  |  | 1,197 |  |  |  | 1,197 |
$3.00 - $3.99 |  |  | 902 |  |  |  | 902 |  |  |  | 2,026 |  |  |  | 2,026 |
$4.00 - $4.99 |  |  | 1,190 |  |  |  | 907 |  |  |  | 1,262 |  |  |  | 972 |
$10.00 - $10.99 |  |  | 1,612 |  |  |  | 1,253 |  |  |  | 1,612 |  |  |  | 892 |
Total shares |  |  | 4,832 |  |  |  | 4,189 |  |  |  | 6,097 |  |  |  | 5,087 |
Schedule of purchase of our common stock |
Schedule of purchase of our common stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Six Months Ended |
|  | June 30, 2025 |  |  | June 30, 2024 |
|  | Shares |  |  | Avg. Price |  |  | Shares |  |  | Avg. Price |
Open market purchases |  |  | 76,880 |  |  | $ | 9.72 |  |  |  | 473,202 |  |  | $ | 8.67 |
Shares redeemed upon net exercise of stock options |  |  | 449,772 |  |  |  | 9.76 |  |  |  | 824,511 |  |  |  | 8.57 |
Total stock purchases |  |  | 526,652 |  |  | $ | 9.76 |  |  |  | 1,297,713 |  |  | $ | 8.61 |

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